Profile

Target group

Our MBA program Financial Management is designed to enhance the knowledge and skills of graduate students seeking leadership responsibilities in the area of finance and to improve their social and methodological competencies. They strive for an internationally recognized degree and a managerial position in finance or business. Graduates from all disciplines can enroll to the MBA program Financial Management after having acquired at least 2 years relevant work experience.

If you are interested in general management and finance, have an entrepreneurial spirit, are globally-minded and ambitious, our MBA program Financial Management could be just right for you. You will promote your knowledge and skills in the area of finance, management accounting, business strategy and decision-making techniques, including social competencies and information management tools necessary for effective management.

Class Profile

Financial Management students have an international outlook and are driven by determination, resilience and creativity. Currently, around 60 post-graduate students from 27 countries are enrolled.

The program is internationally-oriented and especially geared to the requirements of foreign students. For German students, the MBA program Financial Management presents a unique opportunity to profit from a friendly, cross-cultural, international learning environment.

*average values of classes of 2015 - 2017

Job Perspectives

The vast majority of graduates remain in Germany after completing their studies in Coburg. Often they are employed by international corporations.

Testimonials

Min Chen

"The study in Coburg gave me a further knowledge extension in Finance area, which is very practical and useful in the later working environment. The study offered the opportunity of internship which opened the door for me to work in a reputable German Company. The colleagues and professors I met in our program were also very nice and warm-hearted. In addition I was very impressed by the strong and organized administrative support we received as a student. Last but not least, the strong support of German language program was very intensive for us to integrate into the German life."

Sun Bingqing

"The two year study was extremely helpful for my carrier growth. What I studied in the program applied in my daily work in the past 13 years. As well as the social and diversity of the program help me to be more adaptable in my life. It was a great two-year experience providing a life long benefit."

Program Contents

During your studies you will build your foundation in general and financial management. Electives allow you to specialise in areas of particular interest and thereby to develop expertise with your career ambitions in mind.

Integrated German language classes allow you to exploit the most attractive opportunities for your internship. After the practical semester you will be well equipped to combine your theoretical and practical knowledge in your master thesis.

Base Modules of Financial Management

Human Resource Management and Leadership

Financial Management Accounting

International Tax and Legal Systems

Intercultural Management and Ethics

Business Strategy and International Marketing

Information and Communication Systems

Core Modules of Financial Management

International Economics

Corporate Finance

Financial Markets and Institutions

Treasury Management

Risk Management

German Language Courses

German language classes are offered at various levels of proficiency and are free of charge to enrolled students of the MBA program Financial Management. Our introductory courses are integrated into the curriculum and do not require any previous German language skills.

Students complete a placement test for German and / or provide a relevant language certificate. The compulsory language module German Intensive Course I concludes with the German exam Goethe-Zertifikat A1, the German compulsory module German Intensive Course II concludes with the German exam Goethe-Zertifikat A2 of the Common European Framework of Reference (CEFR).

Electives

Applied Risk Management

Current Topics in International Finance

Financial Engineering

Financial Planning and Analysis (FP&A)

Introduction to Islamic Finance & Banking

Issues in Political Science

Mergers and Acquisitions (M&As)

Operations Management

Quantitative Methods in Finance

Risk Management and Insurance

SAP-FI

Selected Topics in Corporate Finance

Value Management in Marketing

Practical Semester

We believe that academic education at Coburg University is not limited to a classroom environment, but also happens off campus. Hence, we expose and connect our students to the real world on a variety of levels.

For this objective, our MBA students participate in:

a 20-week internship at a German company

firm outings and cultural study trips linked to specific coursework, giving them the opportunity to visit a number of iconic cities and experience German culture and history

an academic excursion led by staff and faculty, in which we explore the business, political and cultural facets of large German cities or the capital cities of our neighbours

The internship, field trips and academic excursion bridge theory and practice. They form an integral part of the curriculum. We consider these activities key to enhance students’ networking abilities and stimulate their integration in Germany, whilst facilitating contact with future employers. Invariably they are memorable experiences.

Master Thesis

In the last semester students focus on the master’s thesis. Many students choose to conduct research on an innovative theme in one of their courses, while others prefer a topic relating to their tasks at their internship.

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Admission

Admission Requirements

Applicants are required to have a Bachelor’s degree or higher preferably in the field of Business Administration, Commerce or Economics (min. grade of 2,5 on the German scale or a 2.5 GPA on a four-point scale).An entrance qualification such as the Graduate Management Admission Test (GMAT) is recommended for graduates from other academic disciplines such as engineering, natural sciences or the humanities.

Furthermore, work experience of a minimum of 2 years is required. Applicants with a non-business degree must have at least 1 year practical experience (out of a minimum of 2 years) in the field of commerce.

All applicants must demonstrate sufficient proficiency in English by submitting the results of one of the following tests. For applicants who have not obtained a waiver, the following are the required minimum scores:Test of English as a Foreign Language (TOEFL)

PB TOEFL 550

IB TOEFL 80

International English Language Testing System (IELTS)

6,5 or UNIcert® II

We strongly recommend to upload your documents to www.uni-assist.de for evaluation. We cover uni-assist handling costs for successful applicants. These costs will be reimbursed after enrolment.

Applicants must also successfully participate in the selection process, which includes an interview. The selection interview will last 10-15 minutes and is designed to assess the suitability, motivation and qualification of the applicant. The interview with applicants from abroad may be conducted by telephone or via Skype.

Application

Kindly complete the online application, upload all required documents and send it to us online.

Required Documents

Motivation letter

Curriculum vitae

Scanned copy of all relevant diplomas and certificates

Scanned copy of transcripts of records

Uni-assist evaluation

GMAT

English language certificate

Scanned copy of passport

After arrival in Germany, applicants must present their original certificates and documents (no copies) to confirm their enrolment in the MBA program.

Acceptance and Confirmation

Applications are reviewed on an on-going basis throughout the academic year. Candidates will generally be given notification on the status of their application within 2 weeks. Once accepted, students have 1 month to confirm their place.

Prof. Dr. Reinhard Zintl, University of Bamberg, GermanyIssues in Political Science

Tuition Fees & Scholarship

Tuition fees for the four term program currently comprise 9,400 € in total (2,350 € per Term). In addition, students are required to pay an enrollment fee of around 100 € every term.

Coburg University does not offer scholarships for MBA students, but there are many organizations in Germany which provide scholarships for students from abroad. More information can be found here: Scholarships

Support for International Students

Unlike at larger universities throughout the world, you will not need binoculars in order to see your professor at Coburg University of Applied Sciences and Arts. Foreign students are supported by a student tutoring and counselling system. A social and cultural activities program especially for foreign students is organised to support their integration process.

Our International Office provides advice and support for international students and resolves organizational issues relating to their studies. More information can be found here: Our support for international students

Contact us

Student Ambassadors

We all study in the current MBA class and will answer your questions from our own experience. So if you want to know, how life feels in Coburg, how to solve visa issues and what's actually in the master program Financial Management, just drop an email.